ROME, March 01, 2023 (GLOBE NEWSWIRE) — by way of InvestorWire — Sostravel.com S.p.A., a digital journey firm working the sostravel and flio apps, www.sostravel.com and www.amareitalia.com platforms, develops proprietary digital journey options, such because the Misplaced Baggage Concierge for baggage safety and restoration and Dr. Journey, a telehealth service designed for vacationers.
The corporate introduced a optimistic 2022 EBITDA margin, reporting 47% income development. Based mostly on these optimistic outcomes, the corporate unveiled its marketing strategy, detailing the technique behind the doubling of income and the 173x EBITDA development anticipated by 2027:
- Excessive-margin, private-label digital journey choices to Sardinia, the Crimson Sea and Kenya will likely be offered by way of sostravel.com, amareitalia.com and main third-party reserving platforms.
- Increasing the “Secret Village” providing in Sardinia, which proved fashionable with vacationers.
- Progress of its Misplaced Baggage Concierge companies aimed on the safety and restoration of air passengers’ baggage.
- Launch of a traveler-centered Telehealth resolution referred to as Dr. Journey, offered in a video name by way of its Sostravel.com app.
Edoardo Zarghetta, IR advisor at Sostravel.com mentioned, “We expect that discovering such a development alternative with monetary break-even, optimistic web monetary place and cashflow is rare.”
Zarghetta added: “Sostravel.com provides traders a novel alternative to realize publicity to international journey and digital journey companies development. Our sturdy monetary profile with a powerful observe report of profitability and working money stream era, mixed with versatile value construction, dedication to preserving money and balancing value controls with investments is already catching traders’ consideration.”
To listen to an audio manufacturing of as we speak’s launch, go to: https://ibn.fm/Xa6zh
Sostravel.com S.p.A. is a digital journey firm listed on Euronext Progress Milan (BIT:SOS), and OTCQB New York (OTCQB:SOSAF), working the sostravel, flio apps, www.sostravel.com and www.amareitalia.com platforms. It provides reserving companies, digital itineraries together with flight and airport info, automotive rental, experiences, and insurance coverage companies. The corporate operates a community of personal label digital-travel options, the Misplaced Baggage Concierge proprietary service, and is increasing into telehealth companies designed for vacationers. Over 1 million customers worldwide used Sostravel.com as a digital journey companion, to seek out offers on their journeys and get info to make their journeys extra pleasant.
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